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Global Carbon Capture and Storage Institute

950 bytes added, 20:22, 21 February 2009
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* "Firstly to make sure that we can facilitate those projects in reality by in part assisting with the organisation and finance for them, ideally through private consortia but leaving open the possibility of public participation as well";
* "The second is to ensure that we have a dedicated and integrated research capacity. There is so much going on around the world which is not coordinated, it’s time this was brought under a single roof. That is, for Austalia Australia to be the go-to place globally for information about how you do carbon capture and storage projects";
* "Third thing is to make sure that we’re also the go-to place on regulatory and legislative questions ... And around the world the big debate at the moment (inaudible) what sort of regulation and legislation you need for on-shore and off-shore storage to make these projects work."
* "And finally, communication. To get all the information on where projects are, how they could be financed, what the technology is, what the science is, and what the regulatory information is and how it can be deployed, making sure that is disseminated across the world."
The Minister for Resources, Energy and Tourism, Martin Ferguson, noted that the discussions with the industry prior to the media conference included electricity generators and "key coal industry companies such as [[Xstrata]], [[BHP]] and [[Rio Tinto]]." Recognising the widespread criticism of CCS by environmental groups, Ferguson sought to enlist some [[third party technique|third party legitimacy]]. Fergison Ferguson said that "we also received absolute support from the scientific community, representatives of the environmental non government organisations such as the [[WWF Australia|WWF]], the [[Climate Institute Australia|Climate Institute]] and also key representatives of the labour force working in these activities such as the [[CFMEU]] and the [[AWU]]."<ref name ="Press Conference"/>
==Reaction==
In response to the announcement, Australian Greens Senator Christine Milne, said that "the coal industry should be paying for its own research," she said."The coal industry has made mega profits for many, many generations at the expense of the atmosphere, and now we are all paying for that."<ref name="ABC"/> In her media release she pointed out the lack of any announcement for major funding for anything but coal. ""Where is the $100 million fund to make Australia's world leading solar researchers a global knowledge hub? Where are the half a billion dollar funds to roll out solar thermal power stations, ocean power stations and geothermal demonstration plants? All of these are ready and able to provide vast quantities of base-load power well before a single coal power plant using geosequestration can be built," she said.<ref>Christine Milne, [http://christine-milne.greensmps.org.au/content/media-release/rudd-keeping-coal-life-support-why-wont-he-breathe-life-solar "Rudd keeping coal on life support. Why won't he breathe life into solar?"], Media Release, September 19th 2008.</ref> ==Preparing for the Official Launch of the Institute== It was reported in late January 2009 that the institute, to be based in Canberra, would be formally launched in February 2009 and that it would be headed by [[Nick Otter]], who had previously worked for the UK power company [[Alstom Power]]. It was also that a deputy at the Institute would be [[dayle Seymour]] on secondment from the Victorian Department of Primary Industries. The United Kingdom, South Korea, Norway have agreed to join the institute as well as [[Shell]] International, Alstom Power, [[Anglo American]], the [[climate Group]], [[Mitsubishi]], [[Rio Tinto]] [[Services Petroliers Schlumberger]], [[Xstrata]] and the [[William J. Clinton Foundation]]. The [[Boston Consulting Group]] has been hired to develop a business plan for the institute.<ref>Louise Dodson, "CO<sub>2</sub> Research Draws Recruits", ''Australian Financial Review'', January 23-26, 2009, page 14.</ref>
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